Many banks had invested in the market and faced significant shortfall; several faced insolvency. The Crash also prompted a run on gold deposits, further reducing the amount of deposits banks had on hand. As a result, banks curtailed their lending activities, contributing to an economic slowdown.
Answer:In the 1870s, Democrats gradually returned to power in the Southern states, sometimes as a result of elections in which paramilitary groups intimidated opponents, attacking blacks or preventing them from voting. ... White Democrats had regained political power in every Southern state.
Explanation:
The main way in which support for the Suffolk Resolves by the Continental Congress pushed the colonies closer to war is because this inspired people to take up arms and form groups, which eventually turned into militias.
La Follette voted for Wilson’s progressive measures but resisted U.S. involvement in World War I. He voted against the declaration of war in 1917. He voted against bills creating a military draft and authorizing the use of borrowed money to meet war costs. Senators attacked him for disloyalty, and he was in danger of receiving censure. But the war ended and Republicans needed his vote to control the Senate. As a result, the censure move died. After the war he opposed the Treaty of Versailles and League of Nations. He felt the treaty would lead only to “an unjust peace which could only lead to future wars.”
